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Indonesian supply to pressure nickel prices in 2022

A wave of new Indonesian supply should see nickel prices soften in 2022 before strong EV-led demand provides bullish impetus in the years that follow.

Indonesian supply to pressure nickel prices in 2022  Indonesian supply to pressure nickel prices in 2022  Indonesian supply to pressure nickel prices in 2022  Indonesian supply to pressure nickel prices in 2022  Indonesian supply to pressure nickel prices in 2022

Nickel is a key component in lithium-ion batteries for EVs

Higher prices in 2021 have largely been a story of supply constraints.